JOHN LEE CARROLL, ESQUIRE, GOVERNOR
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577
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construction of the said railroad has been duly com-
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menced as thereby required; and,
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WHEREAS, by the third section of the act passed
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January session, eighteen hundred and seventy-four,
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chapter three hundred and eighty-nine, amendatory :
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Preamble.
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of the said charter, it was the intention of the Leg-
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islaiure to extend the time for the completion of the
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said railroad for the reasons therein stated, but from
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an omission in transcribing the said third section of
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the said act, the said third section became inopera-
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tive, and it is the Intention of this General Assembly
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to remedy the said defect and omission, and to ex-
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tend the time for the completion of the said railroad;
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now therefore
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SECTION 1. Be it enacted by the General Assembly of
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Maryland, That the time for the completion of the
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said Baltimore and Drum Point Railroad Company,
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be and the same is hereby extended for the period
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Time extend'd
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of five years from the first day of January next; and
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that the nineteenth section of the said charter, and
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the third section of the said act of eighteen hundred
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and seventy-four, chapter three hundred and eighty-
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nine, be and the same are hereby repealed; provided,
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Proviso.
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however, that this extension of the charter of the
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Baltimore and Drum Point Railroad Company is
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granted in consideration and with the express con-
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dition that the president, directors and company of
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that railroad, shall, without delay, under the hands
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of the president and directors, and the corporate seal
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of that company, in due form of law, as shall be pre-
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scribed by the Attorney General of this State, grant,
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set over, assign, transfer and deliver to the Treasurer
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Deliver up
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of this State all the shares of stock and certificate in
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shares of stock
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the Annapolis and Elk Ridge Company; and all the
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claims, interest, property and demands, in that com-
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pany, now held or claimed by the Baltimore and
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Drum Point Railroad Company, to be held by the
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said treasurer for the use and benefit of this State,
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and to be subject to such proceedings at law or
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otherwise as shall be instituted by the Attorny Gen-
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eral of the State, to protect the interest and rights of
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the State in the Annapolis and Elk Ridge Railroad,
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as a preferred stockholder therein, to the sum of
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three hundred thousand dollars, and otherwise.
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37
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